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Business & Finance

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Kongsberg Nominated for Two ONS Innovation Awards (Norway)
Business & Finance

Kongsberg Nominated for Two ONS Innovation Awards (Norway)

The new Kongsberg Offshore Vessel Simulator – Deck Operator Trainer (seismic streamer function) and the Kongsberg Evotec Bulk Hose Securing Unit have both been nominated for the ONS Innovation Awards, the winners of which will be announced during ONS 2012 at a special innovation lunch on Wednesday 2

about 14 years ago
CSIC Announces Development of Manned Submersible (China)
Business & Finance

CSIC Announces Development of Manned Submersible (China)

China Shipbuilding Industry Corp. (CSIC), a state-owned enterprise, announced that it is building a manned submersible that can plunge to a depth of 4,500 meters, the China Daily reports. CSIC submersible forms a part of a larger plan for the nation to eventually build a deep sea station where subme

about 14 years ago
Statoil: We Need Commercial Concept to Justify Shtokman Investment (Russia)
Business & Finance

Statoil: We Need Commercial Concept to Justify Shtokman Investment (Russia)

Statoil is still trying to find a solution, which will allow the company to participate in the Shtokman project. Both technical and commercial challenges must however be solved before Statoil makes a final investment decision. It was not possible to arrive at a solution for the Shtokman development

about 14 years ago
Subsea 7’s Allen Leatt Elected Fellow of Royal Academy of Engineering (UK)
Business & Finance

Subsea 7’s Allen Leatt Elected Fellow of Royal Academy of Engineering (UK)

Subsea 7’s Allen Leatt, Senior Vice President Engineering, has recently been elected a Fellow of the UK’s prestigious Royal Academy of Engineering. The Academy brings together the country’s most eminent engineers from all disciplines to promote excellence in the science, art and practice of engineer

about 14 years ago
Rialto to Release GSF Monitor Rig. Focuses on Gazelle FEED (Ivory Coast)
Business & Finance

Rialto to Release GSF Monitor Rig. Focuses on Gazelle FEED (Ivory Coast)

Rialto Energy announces that the Block CI-202 joint venture (Rialto 85% working interest and operator and Petroci 15%) has elected to release the Transocean GSF Monitor drilling rig after the completion of drilling and testing of the current Gazelle-P4 development well. This will allow the JV to foc

about 14 years ago
New Five Part Block Licensing Option for Providence (Ireland)
Business & Finance

New Five Part Block Licensing Option for Providence (Ireland)

Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are listed in London (AIM) and Dublin (IEX), announced that, together with its partner Lansdowne Oil and Gas plc, it has been offered a new licensing option over five part blocks adjacent to the Barry

about 14 years ago
Aluminum Alloy Drill Pipe Supports BSP’s Operations Offshore Brunei
Business & Finance

Aluminum Alloy Drill Pipe Supports BSP’s Operations Offshore Brunei

Alcoa announced that its Alcoa Oil & Gas business has successfully deployed 1800 meters (5,905 feet) of Aluminum Alloy Drill Pipe (AADP®) in the Iron Duke Well C offshore Seria, Brunei. Alcoa partnered with Brunei Shell Petroleum Co. Sdn. Bhd. (BSP), the largest oil and gas producer in Brunei, and A

about 14 years ago
Cairn India CEO Steps Down
Business & Finance

Cairn India CEO Steps Down

The Board of Cairn India announces that Mr. Rahul Dhir has decided to step down as Managing Director and Chief Executive Officer of the Company effective 31 August, 2012 to pursue his entrepreneurial interests. The search for Mr. Dhir’s successor is underway and an announcement is expected soon. Dur

about 14 years ago
NTT to Start Operation of Asia Submarine-Cable Express
Business & Finance

NTT to Start Operation of Asia Submarine-Cable Express

NTT Communications Corporation (NTT Com), a global cloud services provider and wholly-owned subsidiary of NTT Group, announced on August 9 that it will start operation of the Asia Submarine-cable Express (ASE), a 40-gigabit-per-second (Gbps), ultra-low latency undersea cable connecting major cities

about 14 years ago
CF Rescue Service’s Divers Test New Diving Outfits (Russia)
Business & Finance

CF Rescue Service’s Divers Test New Diving Outfits (Russia)

At special works and drills, divers of Caspian Flotilla (CF) Rescue Service are using and testing new diving outfits SVU-5 recently put into operation. The new outfits were received to replace obsolete models and are designed for life support of divers during underwater engineering, emergency rescue

about 14 years ago
UK: Successful Evacuation Trials for Bibby Offshore
Business & Finance

UK: Successful Evacuation Trials for Bibby Offshore

Aberdeen-based subsea installation contractor Bibby Offshore is leading the way in saturation diving safety in the North Sea after recently carrying out fully successful evacuation trials. The trials involved mating a Self Propelled Hyperbaric Lifeboat (SPHL) from the company’s Diving Support Vessel

about 14 years ago
UK: Subsea 7 Delivers Good Second Quarter Results
Business & Finance

UK: Subsea 7 Delivers Good Second Quarter Results

Subsea 7 S.A. announced results for the second quarter and first half 2012 which ended on 30 June 2012. Unless otherwise stated, the comparative period is the three and seven months ended 30 June 2011 for Subsea 7 S.A. and the results of Subsea 7 Inc. following the date of combination. Jean Cahuzac,

about 14 years ago
Alcoa’s Innovative Drill Pipe Helps Shell Offshore Brunei
Business & Finance

Alcoa’s Innovative Drill Pipe Helps Shell Offshore Brunei

Alcoa announced that its Alcoa Oil & Gas business has successfully deployed 1800 meters (5,905 feet) of Aluminum Alloy Drill Pipe (AADP®) in the Iron Duke Well C offshore Seria, Brunei. Alcoa partnered with Brunei Shell Petroleum Co. Sdn. Bhd. (BSP), the largest oil and gas producer in Brunei, and A

about 14 years ago
Forum Subsea Deploys Perry T-1200 Trencher in UK
Business & Finance

Forum Subsea Deploys Perry T-1200 Trencher in UK

Forum Subsea Technologies, a business line of Forum Energy Technologies, Inc. announces the completed deployment and successful operation of the new Perry T-1200 Trencher for Canyon Offshore, a subsidiary of Helix Energy Solutions Group. The T-1200 is mobilized to bury power cables at Sheringham Sho

about 14 years ago
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